5N Plus Inc. (TSE:VNP) Given Consensus Recommendation of “Buy” by Analysts

Shares of 5N Plus Inc. (TSE:VNP) have earned a consensus rating of “Buy” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$45.28.

Several research firms have recently issued reports on VNP. Raymond James Financial raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 target price for the company in a report on Wednesday, August 5th. Ventum Financial set a C$44.00 target price on 5N Plus and gave the company a “buy” rating in a research report on Monday, July 27th. ATB Cormark Capital Markets increased their price target on shares of 5N Plus from C$45.00 to C$56.50 and gave the company a “top pick” rating in a research report on Monday, May 25th. Scotiabank set a C$48.00 price objective on shares of 5N Plus and gave the stock a “sector outperform” rating in a report on Monday, June 22nd. Finally, Canaccord Genuity Group set a C$48.00 price objective on shares of 5N Plus and gave the stock a “buy” rating in a research report on Tuesday, July 14th.

5N Plus Price Performance

VNP opened at C$27.38 on Friday. 5N Plus has a 1 year low of C$14.18 and a 1 year high of C$49.97. The company has a debt-to-equity ratio of 45.47, a current ratio of 2.28 and a quick ratio of 1.51. The company has a market capitalization of C$2.46 billion, a price-to-earnings ratio of 39.68, a P/E/G ratio of 6,283.33 and a beta of 0.95. The firm’s fifty day moving average price is C$35.92 and its two-hundred day moving average price is C$34.58.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, August 3rd. The company reported C$0.31 earnings per share for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. The business had revenue of C$173.84 million for the quarter. As a group, analysts anticipate that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra-pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.